NZDUSD Daily Technical Analysis and Trade Idea by TraderNico
Updated
Price is in a downward trend, we recently saw price break through a key support area which bears are now defending at the retest, turning this to a resistance area. We expect some downside and Dollar strength as we approach US inflation data.
Trade closed: stop reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.